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Peter P
2005 Jun 29, 2:16pm
Of course oil will return. It may hit some resistence at 90 though. It is widely acknowledged that 90 (inflation adjusted) is the all time high.
Peter P
2005 Jun 30, 9:08am
Home prices have reached what looks like a permanently high plateau.
It is a totally new paradigm. It is different this time. There is no irrational exuberance; we are seeing a productivity miracle.
Peter P
2005 Jun 30, 4:10pm
Indeed, housing wil not crash, it’s stationary.
Remember the SoCal landslide? Homes can and do crash although they are stationary most of the time.
Peter P
2005 Jul 1, 3:39am
Did you mention "economy improvement news"?
Why would they report anything that does not "improve" the economy?
Economists are optimists. Do you expect them to say that the sky is falling? That would be politically infeasible.
If I were you, I would observe the behavior of traders. Lower long-term bond yield is not part of a conundrum. It simply says that the market is predicting a recession.
Peter P
2005 Jul 1, 3:41am
Jack/Hannah, do not feel that you must disagree with us for a peace of mind. Unless you are over-leveragized everything will be just fine. Enjoy your house and ride out the correction!
« First « Previous Comments 64 - 68 of 68 Search these comments
Now that we have more understanding about the housing and credit bubble, we must carefully analyze possible scenarios and devise plans for the various contingencies. It will be a time in which conventional wisdom does not apply, yet the same emotion of greed and fear will reign.
On the other hand, many investment options are available and we still have time to position ourselves. How should we proceed to do this?
Disclaimer: opinions expressed herein should not be construed as investment advice under any circumstance. Certain investment strategies can be risky and can lead to large losses.
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